The latest insights from franklin street experts
Multifamily workforce housing property has value add potential for investor NAPLES, Florida — Franklin Street announced it has successfully brokered the sale of the Wild
August 13, 2021
ORLANDO, FL (August 13, 2021) — Franklin Street has arranged the sale of a 1.44-acre site leased to Red Lobster at 7373 W. Colonial Dr. in Orlando. An entity owned by Abraham Cherem acquired the site from Master Carwash, L.L.C, for approximately $4.2 million. Adam J. Tiktin and Greg Matus, of Franklin Street’s Florida Investment…
Learn More
Franklin Street has arranged the $8.6 million sale of Central Park Apartments, a value-add, workforce housing community in Riverdale, GA. The 90-unit property traded for $95,500 per unit, a record for 1970s-built multifamily product in Clayton County, according to Franklin Street. At the time of sale, the property was 100% occupied. Residences range from efficient…
Learn More
By Andrew Wright, CEO & Managing Partner Halfway through 2021, Florida has proven exceptionally resilient in the aftermath of COVID-19. Although the year began with some uncertainty, all signs now point toward a full recovery by the end of the year. Moving forward, we remain extremely bullish on Florida’s economy and commercial real estate market….
Learn More
Franklin Street has arranged the sale of Central Park Apartments, a value-add, workforce housing community in Riverdale, Georgia, a fast-growing submarket just south of Atlanta. The 90-unit asset sold $8,640,000, achieving record pricing for 1970s-built multifamily product in Clayton County. Jake Reid and Chad DeFoor, with Franklin Street’s Atlanta Multifamily Investment Sales Team, represented the seller,…
Learn MoreAugust 11, 2021
MIAMI (August 11, 2021) — Franklin Street has arranged the sale of a 1.87-acre vacant site ripe for development at 3900 W. Hallandale Beach Blvd. in Pembroke Park, Florida. KEI Acquisitions LLC acquired the site from Aspen Nursery, LLC, also known as Aspen Nursery, LLC & Canal Street, LLC, for $2.8 million. Adam J. Tiktin…
Learn More
MEDIA CONTACT
Walt Zaykowski
Director of Communications
[email protected]
drop us a line
